Finance and Banking Suggestion and Question Patterns of SSC Examination 2019. Main ideology of bank is the relationship and belief between the Bank and Client. If any step of each party is against this belief and trust then the relationship between them will be disrupted which will cause the business to be dissolved.
Person, institution, company involves in banking business is called “Banker”. Such a way client means that person who is involved with the bank through his account or any of the service of the bank. On the basis of the functions and services provided by the bank to its clients Bank — Client relationship can be considered as:
Finance and Banking Suggestion and Question Patterns of SSC Examination 2019
All Board Finance and Banking Model Question of SSC Examination 2019
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When client deposit money in the bank then the bank is a debtor and oppositely other party is the creditor. Thus this relationship grows through depositing money by the customer.
This relationship establishes through opening a bank account by the customer. This relationship creates right and responsibilities for both the parties. Under this contract, the bank remains liable to return the customer’s deposited money.
Most of the time banks give protection for the client’s valuables, documents, etc. through providing the locker services. This relationship can be considered as the legal relationship.
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